Don’t Bet on Wall Street: The Financialization of Nature and the Risk to Our Common Resources | Food & Water Watch
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Much movement in the right direction is thanks to groups like Food and Water Watch and American Farmland Trust. (in No Turkeys Here)
Mark Bittman
June 27th, 2012

Don’t Bet on Wall Street: The Financialization of Nature and the Risk to Our Common Resources

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Summary:

All too often when an economist or banker looks out at an expanse of virgin forest or free-flowing river, she doesn’t see nature — she sees “natural capital.” This concept promotes the view that our natural resources should be attached a value and managed using market-based principles of supply and demand. It is the cornerstone of the “green economy” that many free-market proponents and market-oriented environmentalists assert will provide environmental sustainability.